Wall Street ends higher as investors buy AI stocks; Microsoft rallies
The Dow Jones Industrial Average rose 0.93 per cent to 51,828.62 points.
Wall Street closed higher on Sept 25, driven by gains in AI-related technology stocks such as Microsoft and Qualcomm, amid concerns about high oil prices and increased US Treasury yields. Microsoft's stock rose 3.7%, lifting its 2026 gain to 7%, following the announcement of several new capabilities in its Copilot app, including a coding tool and an always-on AI agent.
The S&P 500 and Nasdaq closed at record highs, while the Dow Jones Industrial Average also saw a gain. Meta Platforms saw a dip of 3.3%, while Akamai Technologies experienced a 3.2% increase after signing a cloud services deal worth US$11.6 billion with AI leader Anthropic.
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